Chinese companies have emerged as the top suppliers in the automotive display market in the first half of 2023, extending their dominance in the displays industry after also dominating the TV and smartphone display markets.

Artificial intelligence (AI) is getting more attention than ever thanks to the rapid emergence of ChatGPT, so it should be no surprise that well-established, incumbent technologies, such as the Peripheral Component Interconnect Express (PCIe), are poised to play a critical role.

The growth is expected to temper in 2023 due to challenging macroeconomic conditions but is forecast to rebound in the years that follow on strong demand for semiconductors used in data center, automotive and industrial applications.

Tesla has cancelled three online recruitment events for China scheduled this month, the latest development after CEO Elon Musk threatened job cuts at the electric car maker, saying it was "overstaffed" in some areas.

Toyota will shut down all 14 of its factories in Japan on Tuesday after a possible cyber-attack. Its supplier Kojima Industries Corporation suspected it had been hit by a cyber-attack, causing a halt in production.

Rivian Automotive is "making progress" in the increase of production for electric vehicles at its Normal, Illinois, assembly plant and is aiming to take 10% share in the EV market by 2030, CEO RJ Scaringe said on Thursday.

Arm has introduced its new Mali-C78AE image signal processor (ISP), which is added to its "AE" line of safety-capable IP suitable for ADAS and human vision applications.

Renesas Electronics expects solid growth in revenue and profits in 2022 following a robust performance last year, amid a global semiconductor shortage.

Rohde & Schwarz is partnering with the automotive chipset development team of Realtek to ensure compliance with current and future OPEN Alliance standards.

Today as part of CES 2022, Intel demonstrated advancements and momentum with Mobileye, progress toward discrete graphics leadership and the launch of the newest members of the 12th Gen Intel Core family. With these milestones, Intel furthers its commitment to enable the industry and its customers and partners to harness the technology superpowers - ubiquitous computing, cloud-to-edge infrastructure, pervasive connectivity and artificial intelligence - at the heart of the digital transformation.

US Commerce Secretary Gina Raimondo discussed chip supply chains during a call with her opposite number in Taiwan and the two will cooperate on technology trade and investment through a newly established mechanism, her office said.

The global semiconductor chip shortage cost Volkswagen and Stellantis a combined 1.4 million vehicles in lost production in the third quarter, Europe's two biggest carmakers said on Thursday, though both reported some early signs of improvement.

Personal consumption slowed sharply, due in part to a drop in outlays for cars, Commerce Department data showed Thursday. That subtracted 2.39 percentage points from gross domestic product growth and drove the decline in goods spending in the period, as automakers had a tough time keeping dealer lots full.

New car sales plunged over the last three months in the United States despite strong demand, as the shortage of computer chips and other supply chain issues caused shutdowns at auto factories and choked off the supply of vehicles.

US automaker General Motors will source more semiconductors directly from manufacturers to adapt to the ongoing global chip shortage, its CEO Mary Barra said on Friday.

The chip shortage that is disrupting global car production could continue into 2022 and even 2023, a leading German car industry figure has said.

As carmakers gathered in Munich on Monday to launch almost exclusively zero- or low-emission vehicles, an ongoing semiconductor shortage cast a long shadow over the first major car show since before the pandemic began.

Toshiba said on Thursday it swung back to profit in the first quarter, as sales of automotive chips and hard disk drives recover from a pandemic-driven slump in demand.

Chinese automobile-chip maker stocks tumbled after the government launched a probe into possible price manipulation, putting a brake on share surges buoyed by a global semiconductor shortage that's approaching the 12-month mark.

For automotive customers, chip production will start in September - three months earlier than planned.

A global shortage of semiconductors is continuing to put the brakes on Japan's car-manufacturing industry.

Hyundai Motor Group is in talks with South Korean chip companies to help it reduce reliance on foreign supplies amid a global shortage that has halted assembly lines at automakers around the world, four people familiar with the matter told Reuters.

German chipmaker Infineon expects supply constraints in its automotive segment to only ease in the second half of this year, CEO Reinhard Ploss said on Tuesday, with lost volumes only likely to be made up in 2022.

The US Commerce Department is pressing TSMC and other Taiwanese firms to prioritise the needs of US automakers to ease chip shortages in the near term, Commerce Secretary Gina Raimondo said.

While more and more chips are needed in the US, fewer and fewer are manufactured here.

Mitsubishi Motors will slash output by 16,000 units worldwide in May, the Japanese automaker said Friday, after a factory fire at key supplier Renesas Electronics squeezed the already tight global supply of automotive semiconductors.

Skyworks is paying US$2.75 billion to diversify its business away from Apple. Wall Street thinks the chip maker is getting a bargain.

German automaker BMW is aiming for a quarter of its sales in China to be pure battery electric vehicles by 2025, its China chief Jochen Goller said on Monday.

US President Joe Biden met with executives from major companies on Monday to discuss the global chip shortage that has hit automakers and spurred Intel to announce it plans to make chips for car plants at its factories in the next six to nine months.

General Motors is extending production cuts at some of its North America factories due to a chip shortage that has roiled the global automotive industry, the US carmaker said on Thursday.

The fate of automakers will be determined by how executives balance the decline of the internal-combustion engine with the rise of battery power, along with other drivetrains. If electric vehicles achieve 30% market share by 2030, that will leave the auto industry with 40 million vehicles of excess capacity for gas-powered cars - the equivalent of 200 unneeded factories.

"I have never seen anything like this in the past 20 years since our company's founding," said Jordan Wu, co-founder and chief executive officer of Himax Technologies, a leading supplier of display drivers. "Every application is short of chips."

Subaru will reduce vehicle production by about 10,000 autos at a Japanese assembly plant as the industry struggles with a shortage of chips.

Intel CEO Pat Gelsinger will virtually attend a meeting being put together by President Joe Biden's administration for April 12 to discuss the semiconductor supply chain issues disrupting US automotive factories, according to a person familiar with the matter.

The global shortage of semiconductors and winter storm that devastated Texas last month probably cost carmakers production of about 1.3 million vehicles this quarter, according to IHS Markit.

Renesas CEO Hidetoshi Shibata told a news conference that while production at the company's fire-hit plant looked likely to resume within a month, recovery to pre-fire levels was expected to take around 100 to 120 days from the incident.

Nio will temporarily halt production at one of its factories in Anhui province because of a semiconductor shortage, becoming the first high-profile Chinese carmaker to succumb to the chip snarl that's silenced the factory lines of auto manufacturers globally.

Swedish truckmaker Volvo said on Monday that a shortage of semiconductors would have a substantial impact on production in the second quarter.

A fire at one of Renesas Electronics' semiconductor facilities will probably have a big impact on the supply of chips for the automobile industry, Chief Executive Officer Hidetoshi Shibata said during an online news conference Sunday.

In an update, Infineon said it was continuing to ramp production and expected to reach pre-shutdown levels of production by June.